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H.R. 4399 (112th): Congressional Salary Reduction Act

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

4/18/2012--Introduced. Congressional Salary Reduction Act - Amends the Legislative Reorganization Act of 1946 to: (1) eliminate automatic cost of living (COLA) adjustments for Members of Congress, and (2) reduce Members' annual rate of pay to 95% of the annual rate for the most recent pay period preceding the regularly scheduled federal general election held in November 2012.